208 Harmons, San Marcos TX 78666

Based on 7 closed sales in OAK RIDGE ESTATES AC, the data points to a value around $279,274 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $197,000 to $207,000. This pricing would rank the home as the most expensive of 4 comparable homes on the market in OAK RIDGE ESTATES AC's current inventory. At 370 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1985 (6 years newer than comps) is factored into the value estimate. Current inventory shows 4 comparable homes in OAK RIDGE ESTATES AC; a buyer's market based on recent absorption. Market data shows 78666 prices fallen 9.6% over the last half year. The closest comparable sale, 307 Quarry ST, San Marcos TX 78666 at an adjusted $266,716, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in OAK RIDGE ESTATES AC. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group